Greed is bringing loss for traders

[cryptobae10]

There are plenty of mistakes that we cannot avoid in investing our money but we should not commit this mistakes again and again.
Dreaming high upon investing a little amount of money is only normal but we should always limit ourselves, as it will kill us someday.

This is what most of us call greed, being greedy is a bad habit that we need to minimize especially if we want to long last in every investment that we like to enter.

Instead of relying that the mistakes cannot be avoided; why not work on informations that would once and for all limit the mistakes ?

It is attainable and can reduce fractions of losses too

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[levvv]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

Yes i know, as a trader, we cannot take action like a holder. Therefore, if there is profit already, we must take and leave it.
Greed is not a part of the trader's nature, but greed is a part of investor of holder. When many peoples sell some good coin, as a holder we must greedy to buy and accumulate the coin and hold it for long to gain profit.

[senne]

Any emotion whatsover is against trading.

Gredd makes trading much like gambling. You consider it as way to earn quick money. But in that chase you end up earning loss. People don't follow TA and FA and trade according to other's suggestions. There are thousands of telegram channels suggesting coins for trading. What all they are doing is dumping it over their followers.

[Bonwin]

The wants of man are insatiable. It is just in our nature for desire more. I will not blame traders who are seeking to have more profit, but if you look at it critically well, you will discover that most traders sell at not too much profit, most of them do not go beyond 50% and at most 100%.
They just continue the cycle p, because they buy and sell for short term.

[trade2winnn]

Not the word,especially if you remember dkabr 2017,the majority of traders and investors lost a lot of money because of greed,as many portfolios 2-3-10 times increased,but many thought that the growth will still be and will be kept,and eventually suffered losses strong,so of course light and sober head need

[mirawantirinjana]

in any field, greed is indeed a dangerous thing, especially in trade, they should be satisfied with a small profit rather than losing more capital they have.

[whirlcoin]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

yes definitely greed will playing an important thing for everyone to get losses with their work because it will always common for everyone but one who can control BC emotions and his need to get the profit only he can make the success other ways it will be little difficult.

[vertinfos]

in any field, greed is indeed a dangerous thing, especially in trade, they should be satisfied with a small profit rather than losing more capital they have.

Many people when buying expect large growth and hold to the last , I think you need to set goals and when we go to sell the coins

[dicaprio]

A huge number of not only traders but also ordinary people constantly fall into such a terrible trap as greed. That greed today really has big problems in order to reduce your deposit. I think that here you need to understand when it can be used and when not.

[integrity42]

Very big mistake not only for traders, but also for almost all people working with cryptocurrency, that they cannot fix profit in time and wait for the best price in the market, that kills many people, I have already understood it personally and do not expect the best price, and I will lose $1-2$, but I will fix profit and will be calm

[ameliana]

Very big mistake not only for traders, but also for almost all people working with cryptocurrency, that they cannot fix profit in time and wait for the best price in the market, that kills many people, I have already understood it personally and do not expect the best price, and I will lose $1-2$, but I will fix profit and will be calm

time is very important in investment, we must be able to get the best moment to sell or buy.
everyone has to wait for the best time even though it takes a long time but returns again if in investment we must be patient.

[BartS]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

That is not greed, one of the most basic concepts you will learn when you read a few books about trading is to let your winners run and to cut your losses, if you are in a trade and the reason for being in that trade is still there then there is no reason to sell your coins, you need to be willing to let some winners turn to losers to get huge profits in the few trades you get completely right.

[BestBitcoinOdds]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

naahhhhhh the ppl expect 1000000% profit in a day
.... your finance institute gives you 0,2% per year ? ^^


anything above these value is fine.

[yvesp110]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

True that is sure greediness but doesn't that exist? Imagine someone having 17k$ and making up to 2M$ in a bull run. On the blockchain ANYTHING is possible and some people will like to take that risk no matter what. Sure its good to take profits when there is a small surge but its not bad to think so high to making weird risks like that

It is essential to control our greed because not only in crypt currency as well as everywhere throughout the world greed is said to be the most noticeably bad thing, we have to hold it and don't attempt to get colossal benefit on the double, everything occurs with time so sit tight for perfect time trading needs allot of patience and  no one can become a milliner in short time, so be patient and wait.

[Bdstar]

I think Yes, because couple of times I lost my money Because of greediness.For example, when Eth was 400+ USD and I didn’t sell Because I thought the price is going increase more, so I still hold then.After some days, the price dump heavily and down towards 140$ which was a bug loss for me.         

[CryptoGosu]

I agree that greed has a negative effect on traders. But I also consider it very often difficult to determine what the market situation is like and therefore there is a risk of making a mistake.

[Icologies]

in my opinion, from the current market conditions it is not suitable to be greedy in trading, market is very difficult to guess up and down so fast so gets a profit of 1 - 5 % per day already very good

[tonyvo2017]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

When you invest, you will be at risk. Investors without knowledge will lose a lot. And they have to accept that. So find out before you enter the market. That is the best way to minimize risks. Successful people often do not complain and focus on work

[UniversityCoin]

Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

Yes, then get at least 1-2% per day and that is normal. I rarely get more than 50% of a trade deal.
Because I prefer to trade instruments where risks are minimal.

[BestBitcoinOdds]

Uncertainty is a very bad thing. You never know about the output of your trading by being greed which is way too risky. Having said that, I think that neither greed nor aggressive should be relied on fully.

One should have a good plan, a set pf precise analyses and only then trading could be profitable. This is just for trading crypto which is not very easy. My opinion about greed in other businesses is different. Yes, there is a very little difference between greedy and being ambitious. I will not say no trader should be not greedy but the level of greed must be based on our analysis and must be within achievable range.